Circuit City 2009 Annual Report Download - page 21

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Table of Contents
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Systemax common stock is traded on the NYSE Euronext Exchange under the symbol “SYX.” The following table sets forth the high and low
closing sales price of our common stock as reported on the New York Stock Exchange for the periods indicated.
On January 2, 2010, the last reported sale price of our common stock on the New York Stock Exchange was $15.71 per share. As of January 2,
2010, we had 215 shareholders of record.
On November 16, 2009, the Company’s Board of Directors declared a special dividend of $.75 per share payable on December 15, 2009 to
shareholders of record on December 1, 2009. This special dividend is the third dividend we have paid since our initial public offering.
Depending in part upon profitability, the strength of our balance sheet, our cash position and the need to retain cash for the development and
expansion of our business, we may decide to declare another special dividend in the future.
On March 3, 2008, the Company’s Board of Directors declared a special dividend of $1.00 per share payable on April 2, 2008 to shareholders of
record on March 21, 2008. This special dividend is the second dividend we have paid since our initial public offering.
On March 14, 2007, the Company’s Board of Directors declared a special dividend of $1.00 per share payable on April 12, 2007 to shareholders
of record on April 2, 2007. This special dividend was the first dividend we have paid since our initial public offering.
In May 2008, the Company’s Board of Directors authorized the repurchase of up to 2,000,000 shares of the Company’s common stock. During
2009 the Company repurchased 98,934 common shares. Details of all repurchases are as follows:
19
High
Low
2009
First Quarter
$
14.19
$
9.12
Second Quarter
17.30
11.25
Third Quarter
14.29
11.34
Fourth Quarter
16.46
12.00
2008
First Quarter
$
20.32
$
9.01
Second Quarter
20.89
12.06
Third Quarter
18.43
14.04
Fourth Quarter
15.10
8.75